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I paid some of his business debts.
He asked me for help with the intention of me becoming a director... in front of the company accountant. He said 'Dave I guarantee if the company goes bust you will not lose any money I will pay you back personally'
No unfortunately I don't have a written agreement but he has admitted lately that he made the promise
Well, I assumed I was lending him the money personally.. to assist him with cash flow in his business. He said the debts were not that bad and there was a very busy order book. when they had dates for the work there would be a position for me in the business. But he personally owed me the money.